This strategy works on 1m chart and works on eur/jpy pair only .i
choose 1 minute time frame to detect the change in price direction
early . the strategy depends on some indicators ( RSI & Bollinger
bands ) . i use this month lot 5M in opening trades . it open buy
trades when one candle close lower the lower line of bollinger band
and also close lower the level of 30 of RSI . it open sell trades when
one candle close upper the upper line of bollinger band and also close
upper the level 70 of RSI . I didnt use stoploss and takeprofit cause
i depend only in opening and closing on the conditions i wrote before
.
choose 1 minute time frame to detect the change in price direction
early . the strategy depends on some indicators ( RSI & Bollinger
bands ) . i use this month lot 5M in opening trades . it open buy
trades when one candle close lower the lower line of bollinger band
and also close lower the level of 30 of RSI . it open sell trades when
one candle close upper the upper line of bollinger band and also close
upper the level 70 of RSI . I didnt use stoploss and takeprofit cause
i depend only in opening and closing on the conditions i wrote before
.